jimfpau

TED Spread Shrinking - But It Ain't Over Yet

So the questions is why is there so much supply in T-Bills is that a sign of more short term debt issuance not a sign that things are improving?
Libor being the rate between banks which has not really improved in a large amount to warrant an up tick in sentiment.
I'm a novice when it comes to understnding the bond market, are my assumptions off the mark.

Growth vs. Value Performance

The lack of clarity amongst the great growth stock boom leading up to the dot com bust was not so out of the ordinary, history has shown other so called stocks of unprecedented promise metting simular fates when highly speculative attitudes failed to recognise speculation alone doesn't cut it.
Trends into and out of corrections are also speculative short term, my feeling is with safety of returns for pensions at the formost of investors minds, and the not so distant memerios of October 2001 to march 2003 also taking effect, unless you are very good at picking growth stocks at reasonable prices thus allowing for safety margin (remembering the greater the enthusiasm the market has for these hot stocks, and the faster it rises in price compared with actual growth in earnings, the greater the disapointment the market shows when earnings disapoint) then I think value will take the honors.